India’s Sintex to sell $200 million of foreign-currency convertibles

By Susanna Moon

Chicago, May 19 – Sintex Industries Ltd. notified the Bombay Stock Exchange that it plans to issue up to $200 million of foreign-currency convertible bonds.

The company’s board of directors approved the issue at a meeting on Thursday.

The Gujarat, India, company is a provider of plastics and niche textile-related products.

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